In July 2024, the Internal Revenue Service (IRS) finalized regulations concerning the reporting of digital asset transactions by brokers, introducing a new rule to increase oversight and reduce ...

FRESNO, Calif. (KFSN) -- Valley Democrat Jim Costa has signed a forceful letter, deciding to face off with the Trump administration as the IRS begins cooperating with the Department of Homeland ...

The IRS set the $67 user fee in final regulations issued in September 2019. Before that, the IRS issued closing letters free of charge. The fee is subject to a biennial review of the costs of ...

"The problem is that, especially when the money is being stolen out of retirement funds, there's a Form 1099-R that comes out of the brokerage," he explained ... "This guidance from the IRS changes ...